CCertihomes
417 Cardinal Medeiros Ave, Cambridge, MA 02141

$4,000,000

18 beds 6 baths 6,012 sqft Built 19004 days on marketActive

About this home

417 Cardinal Medeiros Avenue offers the opportunity to acquire a fully leased investment Property in an incredible high-density, urban-infill, Cambridge neighborhood. The highly walkable location is a short walk from Kendall Square, Inman Square, the Green Line at the Union Square Station, MIT, MGH, the Charles River Esplanade, and Downtown Boston. 417 Cardinal Medeiros Avenue is a three-story multi-family building that contains a total of six units, comprised of two 4-Bedroom/1-Bathroom units, two 3-Bedroom/1-Bathroom units, and two 2-Bedroom/1-Bathroom units. The Property has undergone extensive renovations since acquisition, offering a turnkey investment with condo-quality upgrades throughout. Units feature new kitchens with granite countertops and stainless-steel appliances, including gas stoves and dishwashers, hardwood floors throughout, new bathrooms, and in-unit washers and dryers. Each of the units is separately metered for gas heat, hot water and electric.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$24,036/mo

Real estate (PITI + HOA + PMI)
$24,920
Principal + interest$18,142
Property tax + insurance$5,278
PMI / 2nd mortgage$1,500
Utilities
$784
Heating + cooling$230
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$120
Car insurance + maintenance$120
Other (entertainment)
$158
$24,036/mo TLC
Budget$24,536/mo
Remaining after TLC$500/mo
Purchase price
$4,000,000
Down payment
$200,000 (5%)
Loan amount
$3,800,000
APR
4%

Quick facts

Type
5-9 Family
Style
Year built
1900
Lot size
0.12 ac
Stories
3
Heating
Cooling
Water
Public
HOA
Annual tax
$17,575
MLS #
73239171
County
Middlesex

At a glance

Basement

Home features

Appliances
WasherDryer
Community
Public TransportationShoppingParkWalk/Jog TrailsMedical FacilityLaundromatBike PathHighway AccessPublic SchoolT-StationUniversity
Parking
On Street
Roof
Rubber
Sewer
Public Sewer

Lot features

Level

Neighborhood — 02141

MetricThis ZIPCountyUSA
Population12,7096,444,931299,088,112
Population Change Since199012.00%7.00%20.00%
Population Density20,224786
Male6,6563,127,134147,432,321
Female6,0533,317,797151,655,844
Never Married5,1441,612,88563,775,926
Married3,6612,586,314123,120,365
Separated694247,85712,639,686
Widowed649363,59415,467,586
Divorced869436,88823,075,029
Number Of House Hold5,6672,431,591111,826,380
Average House Hold Size2.212.562.60
Medial Age33.4637.2535.46
Median House Hold Income$46,571$57,698$48,276
Average House Hold Income$60,873$75,023$63,629
P C I$27,724$29,196$24,529
M D I$39,933$48,105$41,133
A T H E$49,913$57,083$50,898
S T R5.00%5.00%
W C J88.06%81.38%77.74%
(Zip) Code
2141

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 5/16/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.